Short Ethereum at $4,850 — Target $3,500
I'm recommending a limit short on Ethereum at $4,850 with a take-profit target around $3,500.
I expect $4,850 to act as resistance and $3,500 (or the bull-market support band) to be the likely exit zone if sellers regain control.
I would size the trade conservatively, place a stop-loss above recent highs, and manage risk for volatility or bullish invalidation.
Analysis
Recommendation
Enter a limit short at $4,850, target $3,500 (or bull-market support band), place a stop above recent highs, scale position size conservatively, and consider scaling out into the target.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.